Litecoin (LTCU19) just had a strong bounce after a steep decline and managed to break with good volume above EMA5 and EMA10.
We have two strong green candles.
The RSI gaining momentum to the upside after hitting oversold.
And the MACD printing a bullish crossover.
We've drawn multiple scenarios on the chart above.
The GREEN arrow represents the bullish scenario with the continuation of the present move.
The RED arrow shows a retrace follow by an impulse.
The PURPLE arrow is a complete breakdown and move to our stop-loss.
All the details on the chart.
If you want to see the full details for this trade make sure to hit like. I will share the buy-in, targets, stop-loss, leverage and more if we reach 111 likes.
Thanks a lot for the support.
Namaste.
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Thanks a lot for the support. I'll be sharing the full trade soon.
Namaste.
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LTCU19]LONG]5X]151.2%] Litecoin on BitMEX
FULL TRADE:
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Our Litecoin (LTCU19) is already showing profits... Please enjoy...
Come and show us some love for TRXU19 and another high-risk/highly profitable leverage trade... (click the image below and hit LIKE).
LTC/BTC and BTC/USD. Bitcoin retraces -25% and offers a lot of profitable opportunities for alt trading. Will it keep retracing or go bullish again? Click: